Speculations from Political Economy by C. B. Clarke
page 43 of 68 (63%)
page 43 of 68 (63%)
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Government hands we should arrive at Communism. For each successive
interference of Government a reason from economy can generally be found: as in the case of telegraphs, so in the case of tea. The real objection to Government monopolising the retail of tea is, that so long as we live under a system of competition we had better stick to that plan altogether. At every turn of our present struggling system there is waste; but the ultimate effect of competition is to reduce the waste to a minimum. In the extreme case of tea it is pretty clear that the system of stores will, when fully developed, give the public all or nearly all they might hope to get from Government retailing, and at the same time will reduce the loss by competition among tea- retailers. But there is one industry, one branch of the public service, which should be the very last to be monopolised or restricted by Government, viz., the carrying of passengers and goods from one place to another, especially carrying by railway; and yet this particular industry is hampered by law and restricted by monopolies above all others--as I suppose, most unnecessarily; but I will take a few cases in detail before arguing from the general principle of Free Trade. There is one railway from London to Brighton: there are two railways from London to Exeter. There are fewer quick trains daily from London to Brighton than from London to Exeter. There are third-class carriages at a penny a mile on all the quick trains from Waterloo to Exeter: from London to Brighton the only penny a mile train starts at an inconvenient hour and travels exceedingly slow. The Brighton charge express fares on every convenient quick train they run; the South-Western have no express fares at all. The South-Western third- class carriages are padded, and as comfortable as the first; the |
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